The Vietnamese Embassy in Algeria organised a virtual trade exchange workshop on November 4, with the aim of seeking measures to bring into full play trade and investment potential between the two countries.
An overview of the trade exchange workshop (Source: VNA)
Algiers (VNA) – The Vietnamese Embassy in Algeria organised avirtual trade exchange workshop on November 4, with the aim of seeking measuresto bring into full play trade and investment potential between the twocountries.
Representatives from over 70 enterprises of both countriesoperating in a wide range of fields attended the event.
Speaking at the event, Ambassador Nguyen Thanh Vinh saidthat this is the first time the embassy has held a trade exchange event viavideo conference, which is an effective way of connection to help the twocountries’ businesses boost trade and investment ties.
The embassy is willing to support both sides’ enterprises inlearning about each other’s market and carrying out cooperation projects, andintroduce reliable partners.
Trade Counsellor Hoang Duc Nhuan introduced participatingenterprises to the two countries’ import-export and investment potential, andanswered businesses’ questions on import-export regulation, payment methods,tariff, distribution channels and Algeria’s investment incentives.
Nhuan said that on November 10, the Asian-African MarketDepartment under the Ministry of Industry and Trade, in collaboration with the InternationalOrganisation of La Francophonie (OIF) and several Vietnamese trade offices inAfrica, will hold an online trade exchange conference between Vietnam andFrench-speaking countries in Africa.
According to Vietnam Customs statistics, Vietnam’s exportturnover to Algeria reached 187 million USD in 2019. In the first nine monthsof 2020, due to impact of the COVID-19 pandemic, Vietnam’s exports to thismarket were valued at 117 million USD, a year-on-year decrease of 13 percent./.
Trade Counsellor in Algeria Hoang Duc Nhuan has been busy in Oran to attend the opening of the 8th International Exhibition of Fishing and Aquaculture (SIPA 2019) and promote trade and investment with Algeria.
The Embassy of Vietnam in Algeria and the National Archives Centre of the African country on October 28 held a photo exhibition marking the 58th anniversary of the two countries' diplomatic ties (October 28).
Vietnamese Ambassador to Algeria Nguyen Thanh Vinh has highlighted the time-honoured, friendly relationship between Vietnam and Algeria, on the occasion of the 58th anniversary of the bilateral diplomatic ties (October 28).
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An overview of the trade exchange workshop (Source: VNA) 
